IntoTheBlock disclosed the trend of the percentage of long-term holders of Bitcoin and Ethereum in the past year on the X platform. The data shows that the proportion of long-term holders of Bitcoin has declined, while the proportion of long-term holders of Ethereum has been rising and surpassed Bitcoin at the beginning of the year. According to the current data of the indicator, the proportion of long-term holders of Bitcoin is 62.31%, and the proportion of long-term holders of Ethereum is 75.0...
Glassnode analysis pointed out that the current long-term holders realized profits of up to $2.02 billion per day, setting a new all-time high, exceeding the record in March. The market needs a strong demand side to fully absorb this excess supply, which may require a re-accumulation phase to fully digest. Interestingly, since the supply of long-term holders peaked in September, this group has distributed around 507,000 bitcoins, albeit a sizeable amount.
According to Spot On Chain, 4 hours ago, a long-term holder returned to Binance after sitting idle for 5 months, depositing 50,000 ENS ($1.66 million) for a profit of $968,000. The whale accumulated 322,739 ENS in 2022 for about $13.86, sold 272,739 ENS since January 2024 for about $20.75, and now holds 50,000 ENS for an estimated total profit of $2.90 million (+ 65%).
According to Lookonchain, an hour ago, a "Diamond Hand (Long-Term Holder) " address sold another 199 BTC ($13.55 million) for a profit. The address withdrew 801 BTC ($8.25 million) from HTX at $10,297 5 years ago and sold another 500 BTC ($32.13 million) in the past month. He currently holds 301 BTC ($20.42 million) for a total profit of $44.28 million.